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Palomar Holdings Inc
NASDAQ:PLMR

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Palomar Holdings Inc
NASDAQ:PLMR
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Price: 105.01 USD 2.38% Market Closed
Market Cap: 2.8B USD
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Palomar Holdings Inc
Cash & Cash Equivalents

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Palomar Holdings Inc
Cash & Cash Equivalents Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash & Cash Equivalents CAGR 3Y CAGR 5Y CAGR 10Y
P
Palomar Holdings Inc
NASDAQ:PLMR
Cash & Cash Equivalents
$86.5m
CAGR 3-Years
28%
CAGR 5-Years
39%
CAGR 10-Years
N/A
Travelers Companies Inc
NYSE:TRV
Cash & Cash Equivalents
$772m
CAGR 3-Years
-2%
CAGR 5-Years
9%
CAGR 10-Years
8%
Allstate Corp
NYSE:ALL
Cash & Cash Equivalents
$816m
CAGR 3-Years
6%
CAGR 5-Years
7%
CAGR 10-Years
-1%
Progressive Corp
NYSE:PGR
Cash & Cash Equivalents
$136.1m
CAGR 3-Years
-20%
CAGR 5-Years
24%
CAGR 10-Years
4%
Markel Corp
NYSE:MKL
Cash & Cash Equivalents
$3.9B
CAGR 3-Years
-1%
CAGR 5-Years
7%
CAGR 10-Years
8%
Cincinnati Financial Corp
NASDAQ:CINF
Cash & Cash Equivalents
$1.8B
CAGR 3-Years
17%
CAGR 5-Years
17%
CAGR 10-Years
16%
No Stocks Found

Palomar Holdings Inc
Glance View

Market Cap
2.8B USD
Industry
Insurance

Amid the bustling world of specialty insurance, Palomar Holdings Inc. stands as a nimble and adept provider, focusing on markets often overlooked by larger players. Founded to address the underserved niche in the insurance landscape, Palomar has carved out a distinct segment for itself by offering specialty insurance products such as earthquake, wind, and flood coverage primarily for residential and small to medium-sized commercial properties. Their mission is clear: to provide innovative solutions where the risks are unique and require a tailored approach, allowing them a competitive advantage in balancing risk and profitability. Through sophisticated underwriting practices and the strategic use of technology, Palomar effectively assesses and prices these specialized risks, which, in turn, maximizes their risk-adjusted returns. Palomar’s business model revolves around leveraging their reinsurance partnerships and risk transfer arrangements to stabilize earnings and mitigate potential losses, given the high-risk nature of their insurance offerings. By doing so, the company ensures not only the sustainability of their products but also the ability to navigate the volatile insurance cycles with resilience. Additionally, Palomar's financial success is driven by their keen capacity to adapt to the evolving regulatory and environmental conditions, ensuring regulatory compliance and aligning their strategic goals with the shifting dynamics of the market. This adaptability and their focused dedication to niche insurance sectors propel Palomar’s growth, allowing them to stand out as a pivotal player in the specialty insurance arena.

PLMR Intrinsic Value
168.56 USD
Undervaluation 38%
Intrinsic Value
Price
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See Also

What is Palomar Holdings Inc's Cash & Cash Equivalents?
Cash & Cash Equivalents
86.5m USD

Based on the financial report for Sep 30, 2024, Palomar Holdings Inc's Cash & Cash Equivalents amounts to 86.5m USD.

What is Palomar Holdings Inc's Cash & Cash Equivalents growth rate?
Cash & Cash Equivalents CAGR 5Y
39%

Over the last year, the Cash & Cash Equivalents growth was 63%. The average annual Cash & Cash Equivalents growth rates for Palomar Holdings Inc have been 28% over the past three years , 39% over the past five years .

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